Qualcomm Inc, the world’s No. 1 mobile phone chipmaker, yesterday said India is a rapidly growing market, adding that it is collaborating with Taiwanese firms to pursue growth opportunities there.
“India is fast-growing. We already read public documents on India and how it is growing [in terms of] the population and their earnings and spending capability,” Qualcomm Technologies Inc president of Asia-Pacific and India Jim Cathey told reporters on the sidelines of a news conference in Tainan to launch an education program backed by wireless technology.
Qualcomm Technologies is a wholly-owned chip designing arm of the San Diego-based chip manufacturer.
Like most developing nations, India faces the challenge of building sound infrastructure to support electronics designing and manufacturing capabilities, Cathey said.
India also needs help on system level designing, engineering and software development, he said.
Seeing a developing nation move up the food chain as it develops its infrastructures benefits Taiwan, he said.
“We already see that several of Taiwan’s OEMs [original equipment manufacturers] and ODMs [original design manufacturers] are benefiting from the growing market in India,” Cathey said. “It is part of my strategy for Asia-Pacific and India to leverage the capabilities in Taiwan and the companies that we already work with in Taiwan to take advantage of growing opportunities in India.”
Qualcomm recognizes the growth opportunity and formulates solutions to cater to market needs, Cathey said.
Asustek Computer Inc (華碩) is a good example, Cathey said.
Asustek is capable of making good smartphones and tablets and Asustek chief executive officer Jerry Shen (沈振來) has taken good strategies to the markets, especially open markets such as Indonesia, Vietnam, Philippines and India, Cathey said.
About 80 percent of Asustek’s smartphones are equipped with Qualcomm chips. Asustek has a 2.5 percent market share in India. Its phones sold in India are produced at Indian plants operated by Hon Hai Precision Industry Co (鴻海精密).
In addition to Hon Hai, electronics assemblers Compal Electronics Inc (仁寶), Wistron Corp (緯創) and Inventec Corp (英業達) also operate factories in India to cope with customers’ demand.
“I think India for [Taiwan] is a good market. As I said before, it’s good for Qualcomm. It’s good for Taiwan,” Cathey said.
Vincent Wei led fellow Singaporean farmers around an empty Malaysian plot, laying out plans for a greenhouse and rows of leafy vegetables. What he pitched was not just space for crops, but a lifeline for growers struggling to make ends meet in a city-state with high prices and little vacant land. The future agriculture hub is part of a joint special economic zone launched last year by the two neighbors, expected to cost US$123 million and produce 10,000 tonnes of fresh produce annually. It is attracting Singaporean farmers with promises of cheaper land, labor and energy just over the border.
US actor Matthew McConaughey has filed recordings of his image and voice with US patent authorities to protect them from unauthorized usage by artificial intelligence (AI) platforms, a representative said earlier this week. Several video clips and audio recordings were registered by the commercial arm of the Just Keep Livin’ Foundation, a non-profit created by the Oscar-winning actor and his wife, Camila, according to the US Patent and Trademark Office database. Many artists are increasingly concerned about the uncontrolled use of their image via generative AI since the rollout of ChatGPT and other AI-powered tools. Several US states have adopted
A proposed billionaires’ tax in California has ignited a political uproar in Silicon Valley, with tech titans threatening to leave the state while California Governor Gavin Newsom of the Democratic Party maneuvers to defeat a levy that he fears would lead to an exodus of wealth. A technology mecca, California has more billionaires than any other US state — a few hundred, by some estimates. About half its personal income tax revenue, a financial backbone in the nearly US$350 billion budget, comes from the top 1 percent of earners. A large healthcare union is attempting to place a proposal before
KEEPING UP: The acquisition of a cleanroom in Taiwan would enable Micron to increase production in a market where demand continues to outpace supply, a Micron official said Micron Technology Inc has signed a letter of intent to buy a fabrication site in Taiwan from Powerchip Semiconductor Manufacturing Corp (力積電) for US$1.8 billion to expand its production of memory chips. Micron would take control of the P5 site in Miaoli County’s Tongluo Township (銅鑼) and plans to ramp up DRAM production in phases after the transaction closes in the second quarter, the company said in a statement on Saturday. The acquisition includes an existing 12 inch fab cleanroom of 27,871m2 and would further position Micron to address growing global demand for memory solutions, the company said. Micron expects the transaction to
RSS